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Air New Zealand posts $242 million net loss amid fuel and engine challenges

6:30am on Friday 28th of August, 2026 AEST Transportation
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Air New Zealand posts $242 million net loss amid fuel and engine challenges

6:30am on Friday 28th of August, 2026 AEST
Key Points
  • Net loss after tax of NZD 242 million in FY2026
  • Fuel costs surged due to Middle East conflict, adding NZD 135 million impact
  • Engine availability problems contributed NZD 190 million to losses
  • Revenue rose 3.9% to NZD 7.0 billion; passenger revenue up 4.8%
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